"Bitcoin is the world's largest digital asset, yet its role in financial markets has been largely constrained,"
"By bringing Bitcoin-secured financial applications on-chain, the Citrea mainnet enables capital to be deployed, managed, and settled directly within Bitcoin-native markets."
Citrea launched its mainnet to unlock lending, trading, and other capital market activity directly on the Bitcoin network. Citrea introduced ctUSD, a U.S. dollar-denominated stablecoin issued by MoonPay and powered by M0, fully backed by short-term U.S. Treasury bills and cash and designed to align with the forthcoming GENIUS Act as a compliant settlement layer. On-chain data shows more than 61% of bitcoin—roughly $1.2 trillion—has not moved in over a year, indicating limited native financial infrastructure. Citrea focuses on BTC-backed lending and BTC structured products, partnering with Morpho, UltraYield by Edge Capital, and market makers like Keyrock, with over 30 Bitcoin-native applications ready to launch.
Read at Bitcoin Magazine
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